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Former Yahoo CEO Carol Bartz
Carol Bartz' rein as Yahoo CEO comes to an end

Although many probably saw this move coming for quite some time, Carol Bartz made it official this afternoon that she is out as Yahoo's CEO. The often abrasive Bartz has made a number of enemies during her tenure as CEO -- including Michael Arrington -- and definitely hasn’t made any friends on Wall Street

Bartz announced her "change of job status" in an email to Yahoo employees according to TechCrunch:

To all,

I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward.

Carol

Sent from my iPad

The Yahoo Board of Directors has appointed Timothy Morse as the interim Chief Executive Officer in place of Bartz. The Board is also forming an Executive Leadership Council to find a permanent CEO for the beleaguered search company.

"It is an honor to be selected for this role and lead the Company with this world-class team of executives," said Morse. "I look forward to working with the Executive Leadership Council and the talented employees of Yahoo!, and to partnering with the Board to invest in the organization and continue to drive its ongoing growth plans." 

Despite the changing of the guard, Yahoo Board Chairman Roy Bostock is confident in the company's ability to change things around so that it can better compete with dominant player Google: 

The Board sees enormous growth opportunities on which Yahoo! can capitalize, and our primary objective is to leverage the Company's leadership and current business assets and platforms to execute against these opportunities. We have talented teams and tremendous resources behind them and intend to return the Company to a path of robust growth and industry-leading innovation. We are committed to exploring and evaluating possibilities and opportunities that will put Yahoo! on a trajectory for growth and innovation and deliver value to shareholders.

Not surprisingly, after hours trading for Yahoo is up on the news of Bartz' ouster. The stock is up just over 6 percent to $13.72.



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RE: Shuffling chairs on the decks of the Titanic
By quiksilvr on 9/7/2011 12:01:50 PM , Rating: 1
Oh, yeah, its totally superior. I love seeing top stories and having to click my inbox to see new mail when I sign in. Oh, and not being able to voice or video chat with my contacts. And not being able to make free phone calls or text messages to anyone I want. Or having to scroll down to the bottom of the page just to access Flickr or my Calendar rather than having it conveniently on the top in a neat row. Yup, this is clearly better.


By SilthDraeth on 9/7/2011 12:41:46 PM , Rating: 4
I just logged in to my yahoo mail, and woa, I saw my inbox right away.

I don't try and text or make phone calls from yahoo mail, that is what my Sprint Samsung Epic is for.

Also, if you are in your email, why would you want to "text message" someone instead of emailing them, which is still literally a text message?

I also use my cell phone's calendar, because, hey, I always have it with me and it is handier than logging into any web mail service for a calendar.

I understand we have different usage models. But clearly, the posters above you have an opinion that yahoo mail is superior, as do I, and you have a different opinion.

The point is, don't be so quick to patronize because you do things in a way I and others may consider weird.


RE: Shuffling chairs on the decks of the Titanic
By lyeoh on 9/7/2011 3:32:59 PM , Rating: 2
AFAIK you have to select the "Inbox: Show on startup" option, then only do you see the contents of your inbox when you log in to Yahoo mail.

Otherwise you get their What's New crap.


By V-Money on 9/7/2011 7:00:19 PM , Rating: 2
I use both, mostly because I've had the yahoo one for so long, but I much prefer gmail over yahoo for 2 simple reasons (that are really important to me). My yahoo gets plagued with spam, whereas my gmail doesn't (I've had my gmail account for over 6 years, so its not a time issue). Secondly, since they changed the layout on yahoo, when I click 'back' on the browser yahoo goes all the way back to the previous page, not the previous point in yahoo mail, that really bugs me. I do get the 'whats new' page, but I've never cared enough to try and change it.


RE: Shuffling chairs on the decks of the Titanic
By quiksilvr on 9/7/2011 11:42:45 PM , Rating: 2
I didn't know about the Inbox at Startup option, so I retract my What's New complaint.

Text messaging in Gmail is useful for international texts to Canada and using your cellphone will incur a charge.

People actually like using a keyboard and mouse to organize their calendar and would like a simple link at the top without having to needlessly scroll through a list of other things.

People don't have unlimited minutes on their cellphones and like using Google Voice built into Gmail during the day and not use their cellphone minutes.

Your entire argument is that you don't use these features so therefore your product is superior to another that offers these things. That does not make any sense.


By Samus on 9/8/2011 1:01:55 AM , Rating: 1
Yahoo isn't around for their search engine. Yahoo Mail, Sports, Finance and News are pretty much the companies most valuable assets.

And they have a dating service! Something their direct competition has the dignity not to have!


"Google fired a shot heard 'round the world, and now a second American company has answered the call to defend the rights of the Chinese people." -- Rep. Christopher H. Smith (R-N.J.)

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